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  • FIRST POST
    • beanielou
    • By beanielou 4th Nov 14, 2:19 PM
    • 48,483Posts
    • 178,345Thanks
    beanielou
    Baby steps to mortgage freedom for beanielou.
    • #1
    • 4th Nov 14, 2:19 PM
    Baby steps to mortgage freedom for beanielou. 4th Nov 14 at 2:19 PM
    My first thread on the MFW board!!
    My mortgage has 6 & 1/2 years left to run.
    My income seems to decrease more & more & it becomes more & and more of a challange to pay my hefty(to me) mortgage.
    I have managed an overpayment last month as I got some £££'s unexpectedly.
    My biggest fear is not being able to pay my mortgage & loosing my home.
    So I have decided that baby steps are the way forward~even a fiver or a tenner overpaid in a month is better than nothing.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
Page 2
    • edinburgher
    • By edinburgher 27th Nov 14, 5:33 PM
    • 10,730 Posts
    • 56,073 Thanks
    edinburgher
    You're doing well Beanielou, love your avatar
    • beanielou
    • By beanielou 27th Nov 14, 10:31 PM
    • 48,483 Posts
    • 178,345 Thanks
    beanielou
    You're doing well Beanielou, love your avatar
    Originally posted by edinburgher
    That is one of my best boys (DS being the other )
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • skint_spice
    • By skint_spice 28th Nov 14, 8:37 AM
    • 11,199 Posts
    • 23,475 Thanks
    skint_spice
    Beanie! Didn't realise you had a diary, I shall come cheer you on as you have been a big support to me for years
    mmm...still thinking, planning and plotting for aims in 2017
    • beanielou
    • By beanielou 28th Nov 14, 7:02 PM
    • 48,483 Posts
    • 178,345 Thanks
    beanielou
    Thanks skint
    Baby steps for me as I worry so much about not being able to afford to pay the mortgage
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • Upsidedown Bear
    • By Upsidedown Bear 28th Nov 14, 7:13 PM
    • 17,820 Posts
    • 77,815 Thanks
    Upsidedown Bear
    I will also be lurking in your diary and cheering you on

    Member: Wimps Anonymous
    Live simply so that others may simply live.
    Cheap Coffee Lover

    • beanielou
    • By beanielou 28th Nov 14, 7:40 PM
    • 48,483 Posts
    • 178,345 Thanks
    beanielou
    Thank you Bear
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • beanielou
    • By beanielou 23rd Dec 14, 9:23 PM
    • 48,483 Posts
    • 178,345 Thanks
    beanielou
    Just managed to sneak in my last repayment of the year.
    Not quite as much as I had hoped but anything is better than nothing.
    Feel slightly better now as I feel I have a small safety net now.

    Have a happy time all, whatever you are doing.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • Upsidedown Bear
    • By Upsidedown Bear 23rd Dec 14, 9:41 PM
    • 17,820 Posts
    • 77,815 Thanks
    Upsidedown Bear
    Just managed to sneak in my last repayment of the year.
    Not quite as much as I had hoped but anything is better than nothing.
    Feel slightly better now as I feel I have a small safety net now.

    Have a happy time all, whatever you are doing.
    Originally posted by beanielou
    That's good news having a safety net
    Have a very happy Christmas and a wonderful New Year


    Member: Wimps Anonymous
    Live simply so that others may simply live.
    Cheap Coffee Lover

    • pavlovs_dog
    • By pavlovs_dog 23rd Dec 14, 9:43 PM
    • 9,736 Posts
    • 23,267 Thanks
    pavlovs_dog
    welcome aboard beanielou

    there's a lot to be said for a slow and steady 'drip, drip, drip' attack against the mortgage monolith. Slow and steady wins the race.

    Our OP figures are quite humble compared to what some people manage on these boards. I find tracking the fall of daily interest and the progress to the next £1k, and then each £10k bracket helps with the motivation when the total sum owing still seems scarily huge.
    know thyself

    MFW 2017 #22 - £5841.07 /£7,000 (83%)
    MFi3 v4 #29 target £75,000

    Nid wy'n gofyn bywyd moethus...
    • beanielou
    • By beanielou 23rd Dec 14, 10:08 PM
    • 48,483 Posts
    • 178,345 Thanks
    beanielou
    Thank you Upside bear & pavlovs_dog.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • Butti
    • By Butti 23rd Dec 14, 10:54 PM
    • 4,522 Posts
    • 11,930 Thanks
    Butti
    Beanie,
    You is a LEGEND.

    You are into the 29s. I am about to sign up for £92k!

    Do you think we should have a race? Or should we take the advice of a good friend of mine and keep plodding?
    Debt LBM (08/09) £11,641. (08/12) £22,734. (10/14) £9127 (2/15N )£7790
    Diary 'Butti's journey : A matter of loaf or death'.
    'one day I will be rich and famous…for now I'll just have to settle for being poor and incredibly sexy'. Vimrod Member of MIKE'S MOB NSD June 2/7
    • ZTD
    • By ZTD 23rd Dec 14, 11:31 PM
    • 23,251 Posts
    • 40,569 Thanks
    ZTD
    Just managed to sneak in my last repayment of the year.
    Not quite as much as I had hoped but anything is better than nothing.
    Feel slightly better now as I feel I have a small safety net now.

    Have a happy time all, whatever you are doing.
    Originally posted by beanielou
    Well done you!

    A safety net is always good, and since it's interest you don't have to pay, it's a net that keeps catching.

    Merry Christmas

    "Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
    "We were born and raised in a summer haze." Adele 'Someone like you.'
    "Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky."
    OMD 'Julia's Song'
    • in need of direction
    • By in need of direction 24th Dec 14, 10:57 AM
    • 4,697 Posts
    • 26,468 Thanks
    in need of direction
    To sneak any payment in pre Christmas is such an achievement and an act of bravery. Well done.
    Mortgage at 01.01.14 £119,481.83 today £79,389.12, target £75,000 by 31/12/17 Offset fund today £4,055.43 target £5,500 by 31/12/17
    Emergency fund £5k/5.5k & £90/200 cash.
    Current weight loss 8/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
    • elantan
    • By elantan 24th Dec 14, 1:28 PM
    • 19,536 Posts
    • 52,571 Thanks
    elantan
    Woooooo hoooooo finally the diary i have been desperate for for years ... well done me dear i know it will be a good read

    well done also on the payments this time of year that is in itself a huge achievement
    march 2011-july2019 8 years and 4 months ... or 100 months and counting
    "what would you do if you knew you couldn't fail.... enjoy the adventure" " to my own self be true"
    • Greying Pilgrim
    • By Greying Pilgrim 24th Dec 14, 1:31 PM
    • 3,906 Posts
    • 43,149 Thanks
    Greying Pilgrim
    Beanie - an overpayment is an overpayment is an overpayment - WELL DONE And ZTD is right, no more interest to pay on that portion of capital - forever!

    Hope you have a brilliant Christmas, and I look forward to carrying on *speaking* with you in 2015

    Thanks for all your support Beanie

    Greying x
    'Ich habe genug'

    'I am not in the pursuit of happiness, only in the discovery of joy' - Joyce Grenfell
    • beanielou
    • By beanielou 25th Dec 14, 5:27 PM
    • 48,483 Posts
    • 178,345 Thanks
    beanielou
    Thank you so much my lovely friends for all your support.
    It means more than I can say & more than you know xxx
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • beanielou
    • By beanielou 25th Dec 14, 6:37 PM
    • 48,483 Posts
    • 178,345 Thanks
    beanielou
    Just too add that also this in one of the only years I can remember not going out to buy extra pressies thinking thinking I had not bought whoever enough.
    I felt mean but stood strong.
    I feel better for it as well.
    Lou~ Debt free Wanabe No 55 DF 03/03/14.
    **Credit card debt free 30/06/10~** **Weight loss 2 stone 2 lbs **

    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding***
    • Karmacat
    • By Karmacat 25th Dec 14, 6:53 PM
    • 28,045 Posts
    • 154,149 Thanks
    Karmacat
    Well done Beanie! There's a huge pressure to do that, isn't there - glad you resisted, and glad you feel good for it. Looking forward to next year now
    Retired August 2016
    • Butti
    • By Butti 26th Dec 14, 12:16 AM
    • 4,522 Posts
    • 11,930 Thanks
    Butti
    I felt mean
    Originally posted by beanielou
    You just feel mean. That doesn't mean you are mean.

    ......Besides I think it is a much underated positive quality!
    Debt LBM (08/09) £11,641. (08/12) £22,734. (10/14) £9127 (2/15N )£7790
    Diary 'Butti's journey : A matter of loaf or death'.
    'one day I will be rich and famous…for now I'll just have to settle for being poor and incredibly sexy'. Vimrod Member of MIKE'S MOB NSD June 2/7
    • in need of direction
    • By in need of direction 26th Dec 14, 11:46 AM
    • 4,697 Posts
    • 26,468 Thanks
    in need of direction
    Would it have added anything to Christmas if you had made those extra purchases?
    Mortgage at 01.01.14 £119,481.83 today £79,389.12, target £75,000 by 31/12/17 Offset fund today £4,055.43 target £5,500 by 31/12/17
    Emergency fund £5k/5.5k & £90/200 cash.
    Current weight loss 8/34 by 28 feb 2018
    determined to stop defining myself by my mistakes.
    Progress not perfection.
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